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acquisition

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Tech: the Driving Force Behind Acquisitions in Hungary

D&T
May 13, 2022

The technology sector remains the most popular investment destination in Hungary in 2021. Meanwhile, an increasing proportion of Hungarian companies are expanding abroad, according to a survey by the financial markets consultancy firm Ernst & Young (EY). In the past year, 132 deals worth a total of USD 4.64 billion were announced in Hungary. The […]

AutoWallis to Acquire Most Modern Car Dealership

D&T
Mar 16, 2021

AutoWallis has announced it will gain possession of one of the largest and most modern BMW dealerships in Central and Eastern Europe, housed in a building boasting unparalleled architectural solutions. Having concluded an agreement on the acquisition of DALP Ltd., the company owning the property at 95 Hungária körút in Budapest, AutoWallis Plc., will be […]

Czech Acquisition by Hungarian Electricity Company MVM

D&T
Oct 31, 2020

Following approval by the European Commission, Hungary's MVM Co. Ltd. has acquired the 100% ownership of innogy Česká republika a.s. A statement by MVM Group points out that MVM Co. Ltd. has acquired the largest natural gas trader in the Czech Republic, which is increasingly present in electricity trading market as well. The Czech company […]

Iniciál Autó service station

AutoWallis Acquires Iniciál Autóház

D&T
Jul 5, 2020

As a new step in the cooperation established last year with Iniciál Group, having 25 years of experiences in car trade, AutoWallis acquires 40% stake of Iniciál Autóház Ltd., the dominant car dealer in West Hungarian region, engaged in selling and servicing seven car brands. According to the agreement, AutoWallis Plc. will acquire 40% stake […]

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